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Hampden Underwriting posts a loss but vows to raise cash
Hampden Underwriting has posted a net loss of £387 000 (2010: £132 000) in its full year results citing last year’s catastrophes as the cause but the chairman has pledged to raise capital.
Insurer |
23 May 2012 
Hiscox extends PI to new professions
Specialist insurer Hiscox is unveiling five new professional indemnity (PI) products at the British Insurance Brokers' Association conference aimed at new professions such as interior designers and 'green' consultants.
Insurer |
14 May 2012
Hiscox April renewals beat expectations
Hiscox has said it withheld reinsurance capacity on the first quarter in anticipation of higher rates, adding that April renewals had beaten expectations. But it warned that the UK market is still "under pressure".
Insurer |
08 May 2012
Lloyd's: Can the market fully recover from the losses in 2011?
Lloyd's' market performance and underwriting discipline has long been praised by the industry but, after the near unprecedented losses in 2011, many are wondering whether it can fully bounce back.
Lloyd's/London |
08 May 2012
Redomiciling: London calling as tax changes make the UK more attractive
Will a reduction in corporation tax and changes to the Controlled Foreign Companies regime make the UK a more attractive place to domicile?
Insurer |
01 May 2012
The insurance business resource library
Insurance Hound
A free and easy-to-use digital library of briefings, white papers and reports updated on an hourly basis
Ex-Hiscox boss Ashley Cole launches new HNW business
Former Hiscox head of motor Ashley Cole has set up his own high net worth business, Aurum Underwriting, in the wake of his departure from the insurer.
Insurer |
30 Apr 2012
Market moves: Canopius and CGSC dominate appointments
This week the recruitment space belonged to Canopius and Cooper Gay Swett & Crawford. Canopius restructured its entire executive committee, alongside appointing an underwriter, while CGSC recruited a new chief commercial officer, head of operations...
Insurer |
17 Apr 2012
View from the top: Brokers failing to reach next-gen HNW customers
A new generation of potential high net worth customers are not being reached by brokers, says Justin Gott.
Insurer |
12 Apr 2012
Bonuses take a bash but salaries for the top industry jobs continue to rise
Total salaries for insurance chief executives increased across the board, according to insurers’ annual reports for the year ending 2011, despite a drop in total remuneration.
Insurer |
10 Apr 2012
Baltic Exchange injured commemorated
The 20th anniversary of the IRA bombing of the Baltic Exchange is being commemorated with a charity dinner next week on the site of the tragedy – the Gherkin.
Insurer |
02 Apr 2012
European risk and insurance intelligence
Insurance Insight
Your one-stop-shop for all the news in the European, Asian and Middle Eastern insurance markets
Market moves: Aviva shuffles its underwriting pack
Aviva was the major recruiter in the insurance industry this week, announcing a raft of changes to its underwriting team. The insurer promoted four staff to new positions while adding a further employee to the unit.
Insurer |
27 Mar 2012
Insurers gear up for Finance Bill detail in hope of simplified CFC process
This week's publication of the long-awaited Finance Bill could provide the catalyst for overseas investment, while also serving to safeguard the status quo of UK-headquartered insurance companies.
Insurer |
27 Mar 2012
Claims Awards 2012 shortlist announced
Insurers RSA and Sterling lead the way in nominations for the 2012 Claims Awards with three each.
Claims | 21 Mar 2012
European sovereign debt hits insurer profits
2011 was the worst year on record for natural catastrophes, yet it was cracks in the Dow Jones, faults in the FTSE and tremors on the Hange Seng that bothered many insurers more.
Insurer |
20 Mar 2012
Repairing a reputation: interview with Xchanging's Max Pell
After the disastrous purchase of Cambridge Solutions, Xchanging is ready to fight back, move out of the shadow of shareholder Lloyd's, and secure its future, as managing director of insurance Max Pell explains.
Insurer |
20 Mar 2012
Comment
Interview
Interview: JLT's Dominic Burke - a thoroughbred performer
Horseracing-mad Dominic Burke has huge ambitions for JLT, with a firm focus on international expansion, and he scotches...
View from the top
View from the top: Airline insurance - the risk remains
Despite 2012 losses being only 12% of the annual average to date, a single incident could flip the market, says David...
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Events
2012 insurance industry report: The inside track to achieving a more sustainable business
To achieve a sustainable profit, personal lines insurers need to transform their retention rates, using modern communications techniques to engage with customers and understand their individual needs. This white paper is based on a specially commissioned study involving 42 senior managers at UK and Irish insurers.
Work equipment risks in the UK
The complex patchwork of legislation and guidance governing work equipment risks in the UK is an administrative monster that many businesses struggle to wrestle with successfully. It takes significant levels of technical expertise and resources to understand and effectively navigate the maze of legal requirements, and this problem grows increasingly unwieldy for smaller organisations with limited manpower and finances.
Workplace Stress: Under pressure
Post |
22 May 2012 
Market moves: Brokers a hive of recruitment activity
Post |
22 May 2012
Combined profit of 'going concern' Provident and sister MMA reaches £4.5m
Post |
23 May 2012
World Cup and Olympic fever fuels Brazil's general insurance growth
Post |
23 May 2012
Household to become 'new motor' as insurers warn of price hikes to come
Post |
22 May 2012
Editor's comment: Fleeing the family nest
This week’s deal developments read like two coming-of-age literary fables written to reward hard work and endeavour, while...